Poster Open Access
Submission of Full Paper: November 30th, 2020.
Review Process Ends: until March 31st, 2021.
Special Issue publication (expected): until May, 2021.
Actuarial science has risk as its primary object of study. There are risks from any source or nature. A person faces the risk of becoming ill or getting injured, limiting his/her capacity to generate income or losing his/her properties and assets. A person faces the risk of premature death, leaving behind a grieving family who may be financially dependent. Companies, in turn, deal with the possibility of losing their operational capacity because of unforeseen events. There is the additional possibility of damages caused to third parties not directly linked to the action.
Insurance contracts are financial instruments for asset protection against risks with possibly low probability of occurrence but bring severe losses, leaving those affect with damages that may lead to financial ruin. The insurance industry and risk managers interact with different fields of expertise: Finance, Economics, Accounting, Probability, Statistics, Computer Science among others.